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India adding 1 million new m-wallet users every day
India is adding about a million new mobile wallet users every day, according to industry sources. The rapid increase in new users comes on the back of the cash crunch, which has hit the country, following the government’s move to demonetise 500 and 1,000-rupee banknotes. The situation is likely to take more time to normalise.
- Categories
- Impact Assessment
- Region
- South Asia
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India’s Largest Mobile Wallet App Disappears From the App Store
With new users comes new responsibilities. India’s largest mobile wallet app is quickly realising this in both good and hard ways.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Health Insurance Collections Jump Over a Fifth in a Year
From specialised packages to lifelong cashless cover, more and more Indians are buying health insurance products.
- Categories
- Health Care
- Region
- South Asia
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Where Science, Schools, and Social Entrepreneurship Meet
In a small workshop, hidden away on Pune’s NDA road, a demonstration is under way. A supervisor draws diagrams on a white-board, watched closely by a group of four or five employees. Shelves line the walls, displaying a variety of science models on bases made of black acrylic fibre; more acrylic sheets are stacked to one side; a DC motor vies for space with a conductivity tester, a beam balance and a large yellow plastic ball (intended to explain how the human retina functions). All told, this workshop produces 81 such models, covering around 540 concepts of science for students from the third to the tenth grade.
- Categories
- Education, Technology
- Region
- South Asia
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10 Lessons From Impact Investing in India
10 years, US$ 50 million, over 50 investments. Those numbers don't tell the whole story of Michael & Susan Dell Foundation's journey in India. Since the foundation began its work in India in 2006, with the goal of eradicating urban poverty through its focus on education and family economic stability, it has focused on scalable solutions supported by a combination of grants and impact investments. Our impact investing evolution is reflected in both the organisations and projects that have scaled up as well as our learnings along the way.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Digital fraud on the rise as Indian government pushes toward cashless economy
One unintended fallout of the government's aggressive push for digital transactions is a significant jump in digital payment frauds whereby people are losing money through online payment and e-wallets.
- Categories
- Uncategorized
- Region
- South Asia
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Pharmaceutical sector hiring set for double-digit growth
As some industries brace for slow hiring in the coming months, the Indian pharmaceutical sector’s recruitment numbers are poised to continue growing in double digits next year as health awareness improves and lifespans increase.
- Categories
- Health Care
- Region
- South Asia
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Indian households’ healthcare woes
The low penetration of health insurance and high health costs expose Indian households, especially those at the bottom of the pyramid, to severe financial shocks, according to fresh data from a large-scale nationally representative survey.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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